Nuvve Holding Corp. (NVVE): Nasdaq/NYSE listing notice — Nuvve receives Nasdaq non-compliance notice for board independence gap after director resignation

Nuvve Holding Corp.

Angela Strand resigned from board and audit committee effective Apr 1, 2025, triggering non-compliance.
Board now has 4 directors, only 2 independent; audit committee has only 2 independent (needs 3).
Nasdaq granted cure period until Sep 29, 2025 or next annual meeting to regain compliance.
Company intends to appoint an additional independent director within the cure period.
No immediate impact on trading of NVVE common stock or NVVEW warrants.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Nuvve Holding Corp. received a nasdaq deficiency notice notice regarding board independence (rules 5605, 5605(b)(1)(A), 5605(c)(4)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: board independence
Rules: 5605, 5605(b)(1)(A), 5605(c)(4)

Exact text from the filing

April 15, 2025, Nuvve Holding Corp. (the “Company”), received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of Angela Strand’s resignation from the Board of Directors of the Company (the “Board”) and the audit committee of the Board (the “Audit Committee”), effective April 1, 2025, the Company is not currently in compliance with Nasdaq Listing Rule 5605. Nasdaq Listing Rule 5605 requires that (i) a majority of the Board be comprised of independent directors and (ii) the Audit Committee

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Nuvve Holding Corp. filing history →

Source: SEC EDGAR

accession 0001836875-25-000086

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